Belfast City Council: Social Economy Incentive Fund 2025
Overview
Details below to be updated.
Eligibility criteria to apply for an award
To apply, an organisation must be:
- located in Belfast City Council area
- trading or ready to start trading within the next three months
- able to demonstrate the potential impact of the fund on achieving organisation and programme aims
- a registered social enterprise or co-operative organisation or in the process of completing this registration
- committed to begin spending the fund on the project within three months of receipt of funds with all monies spent within 12 months of award
There must not be any duplication of funding from any other source for the project.
Costs or activities eligible for funding
The Social Economy Incentive Fund can only be used to grow or expand the organisation and the organisation's activities. This means additional activities or enhancing the current offering. You cannot use this funding to sustain current operations.
Funding can cover support including equipment to help achieve growth, set up costs, skills development and specialist mentoring support (not already provided by another programme).
Prize fund
The prize fund is split into three categories:
- Early stage
- Start-up
- Growth.
Early-stage
The maximum award is £2,500. To apply, organisations will be in the development or start-up stage but must be ready to trade or be operational within three months of receiving the award.
Start-Up
The maximum award is £5,000. To apply, organisations must be at start-up stage and currently operational or trading less than two years.
Growth
The maximum award is £10,000. To apply, organisations must be trading or operational for a minimum of one year or demonstrate the capacity to reach VAT threshold within the first year of trading or operation.